VGP – Shrimp export value to the US reached more than US$542.7 million in the first nine months of this year, a year-on-year increase of 62.6%, making the US the largest shrimp importer of Viet Nam.
In September only, the shrimp export turnover to the US rose 138.7% compared to the same period last year.
Also in September, shrimp exporters were helped by two important US regulatory rulings. All 33 Vietnamese companies were exempted from US anti-dumping tariffs. The US International Trade Commission also vetoed a Department of Commerce’s decision imposing an average 4.52% anti-subsidy tariff on Vietnamese shrimp, concluding a lawsuit initiated in December 2012.
These two decisions have reduced Vietnamese shrimp export companies’ cost and more importantly, the US recognizes that shrimp farming is not subsidized by the Vietnamese Government./.
By Thuy Dung
Đăng ký: VietNam News
